Don’t forget you are now taxed on 85% of your Social Security Benefit ………. wow
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Here comes the 2016 tax "surprise"
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New Taxes This Year
Remember this in November 2016
As a brief reminder for those who forgot or for many that didn't know
Here is what happened, quietly, on January 1, 2016:
Medicare tax went from 1.45% to 2.35%
Top Income tax bracket went from 35% to 39.6%
Top Income payroll tax went from 37.4% to 52.2%
Capital Gains tax went from 15% to 28%
Dividend tax went from 15% to 39.6%
Estate tax went from 0% to 55%
A 3.5% Real Estate transaction tax was added.
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Remember these facts: These taxes were all passed solely with Democrat votes.
Not a single Republican voted for these new taxes.
These taxes were all passed in the Affordable Care Act, aka Obamacare.
If you think that it is important that everyone in the U.S. know this, pass it on!
There are many millions who don't know about it!
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